A brilliant listing of this IPO amid a market decline, investors got a 17% profit on the first day

By
—
On:

Himalaya Nutravadics Share Price: Chaos is seen in the stock market today. Sensex to Nifty are trading in 50 red marks. Even in such an atmosphere of panic, one company has put a smile on the face of its investors. The company is Himalaya Nutravedics, which manufactures Ayurvedic medicines. Its stock has made a spectacular entry on the BSE SME platform today. On the one hand, major stocks tumbled, on the other, shares of Himalaya Nutravedics opened strongly. Not only did they open, but in no time an upper circuit was established in them. Investors who invested in this IPO have made good profits today.

Investors benefited greatly

Himalaya Nutravadics priced the shares in its IPO at Rs. 106 was determined. Today the stock traded on BSE SME at Rs. Entry was taken at 118. This simply means that investors get a listing gain of 11.32 percent as soon as they enter the market. But the story does not end here. The share price skyrocketed immediately after the listing. The share price is Rs. rose to 123.90. At this price, the stock took an upper circuit. Overall, those who were allotted shares are now sitting on a whopping profit of around 17 percent.

There was great enthusiasm among the investors

Company’s Rs. 26 crore IPO was opened between September 22 and 24. This IPO has received very good response from the market. This was subscribed a total of 2.33 times. The highest interest was shown by non-institutional investors with a stake of 3.58 times. After this, the share of retail investors also increased by 2.56 times. The company paid Rs. 24,99,600 new shares with a face value of 10 have been issued.

What will the company do with the money raised?

The company raised from the stock market Rs. 26 crore will be used to expand its business. Out of which the largest share ie Rs. 13.75 crore will be used to meet working capital requirements. Apart from this, Rs 7.50 crore will be spent on things like business development and marketing. Out of the remaining money Rs. 3.17 crore will be used for general corporate purposes. About Rs. 2 crore will go towards IPO related expenses.

Financial position continues to strengthen

The business model of Himalaya Nutravedics is considered to be quite safe. This company sells Ayurvedic products under its own brand. It also manufactures products for other companies as per their formula. In fiscal 2026, its own products accounted for more than 51 percent of the company’s total earnings. The company’s balance sheet also looks quite strong. Its net profit has grown at a rapid pace of 315 percent in the last three years. This profit has now reached 7.39 crore rupees. Debt on the company is only Rs. 5.13 crore while he has Rs. There is a reserve of more than 10 crores.

Halie Heaney

Halie Heaney is an accomplished author at SpeaksLY, specializing in international news across diverse categories. With a passion for delivering insightful global stories, she brings a unique perspective to current events and world affairs.

For Feedback - [email protected]

Leave a Comment